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plunging into the level of debt and deficit spending that has been taking place here over the past several years. eventually we're going to reach that tipping point. when we reach that tip point, investors and consumer lose conference. and when that happens, interest rates right. and when interest rates rise, it impacts our economy in a very significantly negative way. all we have to do is look across the atlantic at europe and what's happening there to get a glimpse of the crisis that can come from not dealing with ever-increasing debt and not taking steps necessary over a period of time to put your country on a fiscal path to health. now, i think most of us know here that we have to make some tough choices and it's going to require political will in order for us to address this. we've been avoiding this for years. expoo we're going to face a debt-induced catastrophe if we don't address it and drean addrt soon. so when you're faced with this kind of fiscal mess, what do you do? well, what families and pise businesses all across america have had to do when they face these types of situatio
federal revenues should be changed, deficits, public debt and debt held by the public. the presiding officer: without objection, so ordered. mrs. murray: i ask unanimous consent the following members of my budget committee staff be granted full floor access for the duration of the consideration of s. con. res. -- john rider and rick jones. the presiding officer: without objection, so ordered. mrs. murray: finally, mr. president, i ask unanimous consent the period of debate for economic goals and policy under section 305-b of the congressional budget act occur on march 21 at a time to be determined by the two managers. the presiding officer: without objection, so ordered. mrs. murray: thank you, mr. president. we are now on the floor of the senate with the budget. i want to thank my counterpart, mr. sessions, for all his work and his staff's work and my staff's to get us to the point here that we are debating this bill and this amendment. senator sessions has been very gracious in working with us. we have gotten to this. we obviously have differences of opinion, but i want to commend
. this is something that every family in america is asking us to focus on. number two, we need to tackle our deficit and debt fairly and responsibly. as democrats, we understand that is a responsibility that we bear today and we do it in this budget. and number three, we need to keep the promises we made as a nation to our seniors and our families and our communities. many who have struggled so much over the last few years and are counting on us to be there for them again now. mr. president, we'll be hearing a lot more about all these principles today and we're going to discuss the stark contrast between the budget that is expected to move in the house of representatives today and the plan and path forward that we have put forward here in the senate as democrats. mr. president, i will yield to senator sessions for his opening remarks, and we will continue this debate throughout the day. mr. sessions: mr. president? the presiding officer: the senator from alabama. mr. sessions: i thank the chair and would express my appreciation to senator murray for her leadership and who are courtesy and her skill
nation that does not -- is not riddled with debt and deficit, but also a nation that continues to be the economic leader in the world. and i believe our plan makes -- protects those investments in those key components of growth. and i hope over the coming hours that we will go through this debate and -- and i know we'll have a spirited period of a lot of amendments. this -- this budget i believe will pass and it will have to then find agreement with our colleagues in the house. and i just want to again commend both the chair and, for that matter, the ranking member. at the end of the day, we have to find common agreement to get this done. this issue that hovers all over of our other debates has become a metaphor as to whether our institutions can if you please in the 2 1*9 century. so just as the chair and rank member found agreement through a markup process where both sides were heard and amendments were offered and debated in a fair and open process, i want to both thank the chair and rank member for their commitment. they have different idead about how we get there, but at t
the deficit and invest in the middle class, not be used just to simply cut tax rates for the rich the way that the house budget did. so, mr. president, we have a few more hours of debate this morning between now and 11:00, followed by some votes, and then we will close out debate and move on to all the rest of the votes that we will take before final passage sometime late tonight or early tomorrow morning. i ask the senate -- as the senate majority leader said, we have hundreds of amendments filed. if we were to vote on every one of them, we would be here voting every single hour all the way through monday or tuesday. i know most members know that's not going to happen. so i would really encourage every member of the senate to work with the manager on their side to let us know which amendments are your priority so we can get them up sooner rather than later and vote on the ones that you want us to. so i urge all of our colleagues to work with us and our staffs and with ranking member sessions and his staff to make sure we know what your priorities are, how you would like to proceed, and w
, there is a budget, and it is well-done. and it has strong deficit reduction and strong investments. it's balanced in a way that the ryan plan is not. it saves medicare where he destroys it. it invests in education and infrastructure, where he destroys that. his budget budget is a wrecking. our budget, you should the able leadership of senator murray, is a path of -- an optimistic path to our future, not a pessimistic, painful plan that mr. ryan has put forward in the name of the republican parliamentarparty.now, you are a filibuster, and it is possible that we could end it, but i will tell you this: we are trying for some friendship and comity across the aisle right now. we want to keep the government open. okay, so the senator from kansas stood here last night and said, the reason he is filibustering -- he never used that word, but the reason he is insisting that we spend 30 more hours, 40 more hours, 50 more hours on this, last year's business, which is last year' year's appropriation, is because he demands to have a vote on his amendment that he feels very strongly about. and it has to do with
through a state where wisconsin had faced a multibillion dollar budget deficit, we were having double-digit tax increases, and we saw some of the record job loss that we've seen in the past. so what did we do? we came in and took that deficit, $3.6 billion, and today it's nearly half a billion dollar surplus. we took up -- [applause] we took a state where taxes had gone up, and we not only lowered the overall tax burden for the first time in years, property taxes on a median value home had gone town in each of the last two years. [applause] and when it comes, and when it comes to jobs under my predecessor's term, wisconsin had lost 133,000 jobs, and back in 2010 a survey showed just 10% of our employers thought we were headed in the right direction. today we're gaining jobs and 93% of our employers say wisconsin is heading in the right direction. we can lead with an optimistic message. [applause] simply put, we showed in our election that when people realized the debate was between who do you want in charge, the big government special interests n this case the employee unions, or do y
and bennett, the head of this new party on the right. it's unclear to me, i think you have a knowledge deficit that you didn't have the last time around. when you had someone with barak's experience, begin's experience, all these guys are gone. and the question is, does that mean the wheels, the brakes have come off the train? and that now it's more of a runaway car? or are you saying, no, not at all. livni might be there, and there'll be people who might not have the same amount of years of experience, but are maybe counterpoints to some of the other forces. so what's unclear to me yet is to what extent that forum that netanyahu relied upon, how central is that going to be? what is going to mean the loss of that knowledge, that deficit of experience? but i do think for the key factor, he definitely sees that his goal is that israel just be a normal western country, that the middle class have a better quality of life. sounds very familiar to people here. but he has said that the road to that is dealing with palestinian issue. not dividing jerusalem, but everything else. we've got to work this
's a financial transsanction, the with tax and getting return it helps with the deficit. the second help to buy hasn't been seen before in the country. whep families whoment to mortgage for any home they are buying but cannot begin to afford the deposit. we offer a new mortgage guarantee. helping them to provide more mortgages to people who can't afford a big deposit. the guaranteed mortgages available to homeowners subject to the usual check on responsible lending. using the government balance sheet we will dramatically increase their availability. we have worked with some of the biggest mortgage lenders to get it right. and we're offering guarantees to support 130 billion pounds worth much mortgages. and will be available from the start of 2014 and run for three years and a future government need the -- policy committee if they want to extend it. help tow buy is a dramatic intervention to get the housing market moving for enoughly built housing. government will put up a fifth of the cost. and anyone affording a mortgage but not a big dpe deposit. it will help you buy your own home. in the buc
accrued in 2001. when we think about debt and deficits, there are two kinds of deficits. those are those that invest in human capital or infrastructure or invest in education and there are those who do not. which endanger our future by adding to the national debt, and this war deficit was the second kind. my third point that i am passionate about, a lot it's difficult for many people to be passionate about accounting. i'm passionate about the lack of war accounting. one of the purposes of our book, and the several book chapters that we have written since then is to argue that bad accounting matters. the u.s. owes nearly a trillion dollars in what business would call deferred compensation to the men and women who fought the war, but this liability doesn't appear anywhere on the national balance sheet. we did not account for the value of the 6,6057 lives lost in afghanistan. that's just the troops, not civilians or contractors. except for a small amount of life insurance money even though civilian government agencies estimate the value of life at $1.7 million. so epa would value each one o
trillion deficits -- that would be the annual difference between what we bring in and what the government spends -- four in a row more than a trillion dollars -- after more than $1.6 trillion in tax increases, after hundreds of billions of dollars worth of new regulations, our country is mired, we are mired in the longest period of high unemployment since the great depression. that is a direct consequence of this huge debt and our creditors' lack of confidence that we're actually serious about dealing with it. indeed, many workers have simply given up on finding work, which is one reason why our labor force participation rate is now at a 32-year low. unemployment's almost 8% but that doesn't take into account the millions of people who have simply given up looking for work after a long period of unemployment. since june 2009, when the recession officially ended, median household income has fallen by more than $2,400. so instead of treading water, the average american family is seeing their buying power decrease by more than $ 2,400 since 2009. at the same time, they're finding not only ar
of a communication ability to translate that is a significant deficit. for highly uncommon events such as an asteroid fly-by, there's simply no established communication mechanism. i believe our flight operations team learned of da-14 when they received a courtesy call from a colleague at the aerospace corporation. last year the commercial satellite industry participated in dod's war games designed to exercise dod thinking about the deployment of its terrestrial and space assets in response to a conflict situation. last year those games concluded, as they have several times in the past, that dod relies on commercial satellite companies -- their reliance is considerable and that a crisis is the wrong time to try to establish clear lines of communication with your major partners and suppliers. i suspect the same conclusion can be safely applied to the topics that we're discussing today. while governments were first to send satellites to near-earth space, commercial enterprise will be the primary use of the orbital arc in the 21st century. government and space operators need to take a more collaborative
of the well. mrs. shaheen: amendment 438 would establish a deficit neutral reserve fund fupped to protect women's access to health care, including family planning and birth control. it ensures employers cannot deny coverage of contraceptives. we've seen that improving access to preventive care including con troo tra ception is good health -- contraception is good health policy and good economic policy. healthier women and healthier children and healthier families. i urge my colleagues to support the amendment. the presiding officer: the senator is recognized. a senator: every senator supports expanding access to health care. we may have differences on how to it but no one should doubt that commitment. however, we must also ensure we protect deeply held religious beliefs of our citizens. in this regard, the shaheen amendment and the new health care law gets it all wrong. mr. johanns: in addition to growing government and slowing the economy, the law tramples on the rights of individuals. later this afternoon senator fischer will offer a side-by-side to this amendment. now i ask my colleagu
of all of our problems that were caused because of the sequester and still do deficit reduction, get our budget toward balance. and if that happens, this sequester will end. not only for the f.a.a. my friend is right. this is ridiculous. but for the 70,000 children who are being cut out of head start. why isn't there more discussion about that? when we know every dollar invested in a child, in head start, saves $10 because they get that head start in life. and where's the outrage of the h.i.v. -- 421,000 fewer h.i.v. tests? that's a public health emergency when 421,000 people can't get their h.i.v. tests, they don't know if they're h.i.v. positive. they could spread the virus. that's what's happening with this sequester. 10,500 lost teacher jobs. 2,700 will lose title 1 funds. that's a million kids who are getting special reading help because of this sequester. i think we all agree, the sequester is no way to govern. we can get to pay balanced budget without a sequester. we did that under bill clinton. we had a balanced approach. we made investments in our people. we cut out unnecessary
of the problem that we're in as a country in terms of our debt and deficits, we have to have programs that have metrics on them, they have to be followed up, the grants have to be followed, and they need to be held to account. so i hope my colleagues -- i have no hopes of this passing, because most of the colleagues won't actually look at the research that's been done on this, won't look at the effectiveness of it, won't look at the waste, and they'll vote a party-line vote to defeat this amendment. we'll get 45 or 50 votes or 51 or 52. but it'll go down and so consequently real problems that have been oversighted by the permanent subcommittee on investigation, really oversighted by the department of homeland security, the real solutions to problems won't happen because of the way this place is being run. i'd next like to talk about amendment 93. amendment 93 follows a recommendation of the president -- not my recommend day, the president's recommendation. and what this amendment would do is actually take money that has been directed for expired heritage area authorizations that weren't any rec
Search Results 0 to 14 of about 15